Cefic supports European shale gas strategy

5:26 AM MST | January 24, 2014 | Michael Ravenscroft

Cefic has welcomed the 'minimum principles' for exploration and production of shale gas, recently announced as a recommendation by the European Commission. The principles "will allow for the responsible deployment of hydraulic fracking with the highest standards, including proper monitoring, and the need to ensure safe and reliable operations," Cefic says. The recommendation was accompanied by a communication that considers the opportunities and challenges of using fracking to extract hydrocarbons from shale formations. Concerns exist that fracking can...